Property profile

0 Nec Of I-10 & Grand Pkwy Katy, TX 77449

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.14-acre commercial land parcel presents a unique investment opportunity in the thriving Katy, Texas market. Situated at the northeast corner of I-10 and the Grand Parkway, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The lot size is 49,560 square feet, offering ample space for construction. The property's location at a major intersection ensures high traffic counts and significant exposure to potential customers. The Harris County location, with a zip code of 77449, provides easy access to a robust infrastructure and a growing population. This single-tenant property is zoned for commercial use and presents a blank canvas for developers seeking a strategic location with high growth potential. The property's APN is 1209300010006. This is a rare opportunity to acquire a prominent commercial land parcel in one of Houston's fastest-growing suburbs. The strategic location at the intersection of two major thoroughfares guarantees high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Katy market. This property is ready for immediate development, offering a significant return on investment for the discerning buyer.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nec Of I-10 & Grand Pkwy Katy, TX 77449
Katy metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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